The fund aims to provide an above average and growing level of income together with capital growth over the longer term by investing in a mix of equities (shares), fixed interest securities and other investments the fund manager considers suitable.

?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.

?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.

-0.91

Beta

?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.

0.91

Sharpe

?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.

0.2

Volatility

?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.

6.92

Tracking error

?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.

2.58

Information ratio

?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.

-0.58

R-Squared

?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.

0.87

Price movement

52 week high112.31

52 week low90.71

Current bid price110.16

Current offer price115.95

Current mid price-

Region

1

UK

66.55%

2

Money Market

6.25%

3

USA

4.89%

4

Others

4.46%

5

Hong Kong

4.27%

6

Japan

4.27%

7

France

3.31%

8

Germany

2.66%

9

Singapore

1.74%

Industry sector

1

Financials

27.43%

2

Corporate Bonds

14.69%

3

Others

12.42%

4

Consumer Services

7.77%

5

Preference Shares

6.64%

6

Oil & Gas

6.59%

7

Utilities

6.35%

8

Money Market

6.25%

9

Telecommunications

6.17%

Asset type

1

UK Large Cap Companies

21.85%

2

Others

10.61%

3

Money Market

8.67%

4

UK Corporate Fixed Interest

8.59%

5

UK Mid Cap Companies

8.29%

6

Preference Shares

8.13%

7

European Large Cap Equity

7.78%

8

North American Equities

5.64%

9

Japanese Equities

4.11%

Individual holdings

1

ROYAL DUTCH SHELL

3.12%

2

GLAXOSMITHKLINE

2.63%

3

TESCO 5.2% NTS 05/03/57 GBP50000

2.22%

4

BP

2%

5

TECHNOPRO HLDGS INC

1.66%

6

INTEL CORP

1.6%

7

GENERAL ACCIDENT PLC 8.875 PFD

1.55%

8

HSBC HLDGS

1.49%

9

SAINSBURY(J)

1.48%

Management

Fund manager group

Scottish Equitable

Fund manager company

Aegon/Scottish Equitable plc

Fund type

Pension Fund

Fund objective

The fund aims to provide an above average and growing level of income together with capital growth over the longer term by investing in a mix of equities (shares), fixed interest securities and other investments the fund manager considers suitable.

Benchmark

FTSE All Share

Investment style

Aggressive

Investment method

Equity, Money Market, Fixed Interest

Fund managers

Name

Since

Biography

Thomas Fitzgerald

31/08/2016

Tom joined EdenTree in 2011 after completing a BSc in Economics and Business Management at Oxford Brookes University. He has completed his IMC and is currently studying for the CFA.

Robin Hepworth

17/11/1994

Rob joined EdenTree as General Investment Analyst in 1988, and was appointed Fund Manager of the Pension Fund in 1990 and the Higher Income Fund in 1994. He has managed the Amity International Fund since its launch in 1999, and co-manages the Amity Sterling Bond Fund with Chris Hiorns.

David Katimbo Mugwanya

31/08/2016

David joined EdenTree in 2015 from Epworth Investment Management. He has a wealth of experience in UK Fixed Interest Portfolios and has previously managed over £700m for Institutional Pension Funds, Insurance firms and Charities. David graduated from University of Essex with a BSc in Economics. David has been a CFA Charterholder since 2014.

Compliance

No data available.

Domicile

No data available.

Fund for sale in

United Kingdom

Scot Eq EdenTree Higher Income Pn

Initial charge-

Annual charge1.85%

Min single investment£0

Min regular saving£0

Available in ISANo

Ongoing charge (OCF)-

Total expense ratio (TER)1.85%

Bid price110.1568

Offer price115.9545

Mid price-

CurrencyGBX

Price updated08/12/2016

TypeAccumulation

Institutional or retail classRetail

Domicile-

Citi codeJDGR

Scot Eq EdenTree Higher Income Pn ARC

Initial charge-

Annual charge-

Min single investment£0

Min regular saving£0

Available in ISANo

Ongoing charge (OCF)-

Total expense ratio (TER)-

Bid price-

Offer price-

Mid price-

CurrencyGBX

Price updated01/01/1900

TypeAccumulation

Institutional or retail classRetail

Domicile-

Citi codeJDGS

Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.

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